Editor’s Note: Encyclo has not been regularly updated since August 2014, so information posted here is likely to be out of date and may be no longer accurate. It’s best used as a snapshot of the media landscape at that point in time.

The two papers were brought under the same ownership in 1957, when the Inquirer’s owner, Moses Annenberg, bought the Daily News. Annenberg sold the papers to the Knight Ridder newspaper chain in 1969. In 2006, when Knight Ridder was bought by the McClatchy Co., the two papers were sold to a group of local investors led by former PR executive Brian Tierney, who became the Inquirer’s publisher later that year.

The papers operated at a profit during Tierney’s tenure, though those calculations didn’t include their debt obligations, which drove Philadelphia Newspapers to file for bankruptcy protection in 2009. In April 2010, the papers were sold to a group of Philadelphia Newspapers’ creditors for $139 million, about a quarter of what Tierney had bought it for four years earlier.

In 2008, an Inquirer editor sent an internal memo informing the newsroom that the paper would no longer post investigative reporting, features, or reviews online before they appeared in print. After the policy was met with harshcriticism, editors sent another memo explaining when to post stories online and when to hold them for print.

Gawker Media is a New York-based network of blogs founded and owned by Nick Denton. Gawker Media was founded in 2002 by Denton, a Financial Times veteran, with the gadget blog Gizmodo. The company’s flagship blog, Gawker, was founded later that year as a New York media and gossip blog. The company quickly expanded into…

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